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Saturday, March 5, 2011

Stock News 2011: Mobile payment innovation recognized at MWC

Fira de Barcelona - 3GSM World CongressImage via Wikipedia
Airtel Africa, Standard Chartered Bank and MasterCard Worldwide were honored for mobile payment innovation at the 16th Annual Global Mobile Awards held during the Mobile World Congress (MWC) 2011 in Barcelona, Spain.

The recently launched virtual card product, developed in collaboration among airtel Africa, Standard Chartered and MasterCard, received top honors as the Best Mobile Money Product or Solution.

Honored by a panel of mobile industry experts, the virtual card product was recognized as an innovative mobile payment solution that will offer consumers in Kenya, and eventually across Africa, greater participation in the financial system through mobile commerce.

In collaboration between airtel Africa and Standard Chartered, the virtual card product is powered by MasterCard inControl technology and enables more people to connect to the global marketplace through their mobile phones.

Andre Beyers, airtel Africa’s chief marketing officer, and Daniel Monehin, area head for East and West Africa and Indian Ocean Islands of MasterCard Worldwide, received the award on behalf of the three companies at the Global Mobile Awards 2011 ceremony held at the Fira de Barcelona.

http://www.philstar.com/Article.aspx?articleId=663051&publicationSubCategoryId=73


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